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, which is why democrats will relish going over the cliff. but obama is not running again, unlike democrats in congress. he is thinking of his legacy. if we go over the cliff and into recession, and the cbo has predicted 9% unemployment, a drop in gdp, that will wreck his second term. i am not sure he has all the cards. he has the advantage and republicans as their backs against the wall, but he may be overplaying his hand. he is pushing for unconditional surrender. i am not sure republicans will go along unless there is some give on obama's part. >> unconditional surrender, mark? >> i am not sure with the exact policy is. the president has the advantage and the factors you are seeing are on the republican side. the democrats' ranks are totally unified. but i think it is important when the president does prevail, which i think he will in this showdown, all but certain, that there be -- that it be done in a way that john boehner leaves with his dignity intact and a sense that he has achieved something. if it is just -- humiliation cannot be a byproduct. >> colby? >> it would not be
, or worse. so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this january 1 monetary nuclear bomb. are we going over the cliff,
about you are next secretary of state will be. we are told the first person on the list of obama is susan rice, the u.n. ambassador. she has some experience there. and then she goes on with obama to be the ambassador, if she is successful. we do not know if she is going to be, but if she is successful of navigating this, let to be secretary of state, what has been, and what do you think will be in the second term the u.s. relationship with the continent in the obama era? >> the progressive element on the african continent and certainly nigeria, from the very beginning this sort of extra expectation. obama it is an american. he is from a country called america. for americans. anything which we get from that administration is a bonus. it is time the african nation stop relying on changes in administration elsewhere. as part of the movement away from the original. and so we should not expect any special treatment from the u.s. administration. on the contrary, a sense of belonging should encourage the leaders to try to make things easier. there are enough problems in the world. it is
goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion worth of revenues but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> rose: and here is the president talking about why it's essential for him that there be tax increases for the most wealthy among us. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're
since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6
president obama is image as a commanding leader -- embolden president obama's image as a commanding leader. the filmmakers have denied this. it is a film that will help the president. >> i think it does a lot for obama because what it does, it shows that obama has a cool, compost, meticulous commitment to achieve something the democratic presidents are never relied upon to achieve. to fight and eliminate in the news of the united states -- in the knees -- enemies of the united states. >> the most gripping moments are in the last 30 minutes as the audience follows blackhawk helicopters to the compound in pakistan. the film might appeal to jingoistic audiences. >> they do not and the thumb with a fist pumping -- they do not end the film with a fist pumping, we did it. they ended with an interesting note. she realizes, she has no word go. she has no idea who she is. where do because the country? where do we go as a society? >> it is now seen at the top -- as a top oscar contender and a good example of female power. the story of a woman in the cia who hunted down one of the most wanted men in
six decades and served under eight presidents from lyndon johnson to barack obama. >> he took the top job in 1991 under george h.w. bush, president of texas a & m university from 2002 to 2006 when president george w. bush appointed him secretary of defense. president obama asked him to stay at the pentagon making him the first defense secretary to serve in both a republican and the democratic administration, he left his post in june, 2011. at his farewell ceremony president obama awarded him the presidential award of freedom. >> the highest honor. >> this is a man i have come to know and respect. a humble american patriot. a man of common sense and decency. quite simply one of our nation's finest public servants. >> rose: today the united states face as wave of foreign policy challenges, including the pressing question of how to respond to the potential use of chemical weapons by the assad government in syria, the government warned him of the consequence conditions consequences he could expect. >> i want to make it clear to assad and those under his command the world is watching, the
days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay car
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resumed talking with the top house republican, and as a year-end deadline moved even closer. the president took his public campaign for a deficit deal on his terms to the daimler diesel plant in redford michigan. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> woodruff: his michigan visit came a day after the president and house speaker john boehner met privately at the white house. their first one-on-one ses
, president obama said his calculus would change if the chemical weapons were moved or if they were used. this week, we have heard many warnings against using them. it appears some have been worried -- lived and the bigger concern was that some may have been mixed into the form you could use for actually dropping them as a weapon. we do not know how urgent that problem is. there have been conflicting reports. certainly you have not heard president obama repeat the warning against using them. i think that is because they do not have a lot of leverage for getting in those places. they have to depend on surrogates. >> if you think where they have more leverage, with egypt, are they urging leaders to delay a vote on this constitution? >> it would seem they are urging the president to rethink the kind of declarations he made. he has been saying to the west, this is temporary and then he puts a constitutional change which would seem to be strong. the irony is that president obama, having contributed to helping push mubarak out, is now facing the same problem that his predecessors felt in deali
to the job by president barack obama. now, the fcc tried to pull this same stunt under a republican chairman back in the second term of george w. bush, but at hearings held around the country an angry public fought back. >> we told you a year ago when you came to seattle that media consolidation is a patently bad idea. no "ifs," "ands," or "buts" about it. so with all due respect i ask you, what part of that didn't you understand? >> i'm a republican and i'm a capitalist, but some areas of our private sector must be regulated. freedom of information is too important, we must be proactive in protecting that fundamental freedom. >> if the fcc is here wanting to know if chicago's residents are being well served, the answer is no. if local talent is being covered, the answer is no. if community issues are being treated sensitively, the answer is no. if minority groups are getting the coverage and input that they need, the answer is no. the answer is no. >> if you will not stand up for we the people, then i have news for you. we the people are standing up for ourselves. this is our media, and we
today between president obama and congressional republicans in the effort to avoid the fiscal cliff in january. president obama repeated his pledge he's open to new ideas, but is holding firm on his call for higher taxes on top income earners, something missing from the g.o.p. plan. with just three weeks left, the two sides are still at odds with their opening offers. with time ticking away to reach a deal before tax cuts expire and spending cuts hit, president obama today said he's still optimistic a deal will be done and he's willing to compromise, but negotiations just aren't there yet. >> it's going to require what i talked about in the campaign, which is a balanced, responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. >> tom: the president rejected the proposal republicans presented him yesterday. it would cut the debt by $2.2 trillion over ten years, but would not raise taxes on america's highest earners, the biggest sticking point. the two sides seem to be allowing themselves room to bargain. the president said tod
issues out there. those top rates will raise -- even if president obama gets everything he asked for, about 400 billion. and he wants $1.6 trillion. that's one quarter of the revenues he's seeking. gwen: politically that seems to be the fight he wants to have. >> he wants to put the republicans in the box and blame them for this. let them feel the political pain that comes with this. because his position on this polls very well. most people in this country say they want the president's solution. the trick is most people on capitol hill know that and can they find an artful way to get to a deal where they don't feel too badley humiliated. they're going to lose on the politics eventually i think everyone thinks. can they do it and will the president let them grace fully? -- gracefully? >> we haven't heard a lot of sniping or leaking but when do they start getting antsy? >> he's never had more power or influence than he has right now over them. they had a rough two years and one of the worst reputations of any congress in history for its lack of achievement and he, through that past two
by ten points for president obama in november, it's a state that is striking a blow for right-to-work. how do you explain that? >> there was a mixeded result on november 6. i think everything mickey said is absolutely true, but republicans still control state government. they've got an ironclad grip from the governor's office, both houses of the legislature, the state supreme court, attorney general, secretary of state, and the window was closing. there are only two weeks left before the end of the year. and they had to get it done now or they were going to turn into pumpkins on new year's eve and only have a slim majority that might not be enough to get right to work to pass early next year. >> woodruff: mickey maynard, the republicans are saying this is going to help the state's economy, what has happened. is there a consensus in the state about whether that is correct or not? >> no, absolutely not. but republicans... what they have been saying and i've been listening to this discussion for the better part of a couple of years is that michigan needs to be right-to-work so th
will play. >> reporter: president obama today, in washington, assured business executives he'll reject attempts to link the fiscal cliff budget negotiations to future increases in the nation's debt ceiling. "the new york times" reported republicans might accept higher tax rates on wealthier americans to avoid triggering tax hikes for everyone. in return, they'd demand greater spending cuts next year before raising the federal borrowing limit. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game because we've got to... we've got to break that habit before it starts. >> reporter: the 2011 standoff between the president and republicans led the nation to the brink of national default. standard and poor's even lowered its rating on u.s. government bonds. now, the president has proposed he be given authority to raise the debt ceiling without congressional action. hou
did speak by phone to president obama this week, and it was widely reported the two have agreed to negotiate directly with each other. but boehner said today, "there's no progress to report." >> four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> sreenivasan: the president has insisted there will be no deal unless republicans agree to raise tax rates on the top 2%. republicans say the tax hikes would only hurt job creation. but in arlington, virginia, vice president biden said today's jobs report shows the economy is turning a corner, so it's critical to get a deal. >> there is a sense... there is a sense that if we can reach an- - act like adults and reach an agreement here on the fiscal cliff, the upside is much higher even than the downside is if we don't. >> sreenivasan: biden said the president is willing to con
campaign for president obama which i really enjoyed going around st. paul and some in minneapolis and just go door to door and knock, knock, knock. >> rose: and what do you say to them when they open the door. >> they say i am here for the obama campaign and i want to make sure that you are going to vote and here is where your polling place is. and the interesting thing is that the republicans have left st. paul. you don't find two of them side by side. whatever republicans are left in the cities they are isolated and maybe they are living up in towers somewhere. they have all decamped for the suburbs. people don't like to live near people who disagree with them. and so all of the obama people who i know live with other obama people and everybody around the dinner table, you know, believes the same thing. it is essentially, and they don't know anybody who is voting for romney. and this is a real change in the country. i grew up in a small town where that just wasn't possible to go off and live with your own kind, and so you lived in the midst of people whom you disapproved of, and people w
: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fiscal cliff means bad things. how bad? >> it could be quite bad, susi
nbr! >> susie: president obama was in michigan today, campaigning on his plan to avert the fiscal cliff. speaking to union workers at the daimler detroit diesel engine plant, the president said he is willing to compromise "a little bit" with republicans on getting a plan for economic growth, job creation, and reducing the deficit. but he said he would not compromise on raising tax rates for high-income earners. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks, and then we're asking students to pay higher student loans, or suddenly, a school doesn't have school books because the school district couldn't afford it. >> susie: meanwhile, a ranking democrat on the house budget committee tells "nightly business report" he is optimistic about getting a fiscal cliff deal by the end of they year. maryland congressman chris van hollen talked with our darren gersh, and began with an update on the status of the talks. >> well, the good news is that the president and
. in 2011, president obama named him to lead the council on jobs and competitiveness. last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next five years? >> i think, charlie, what we've tried to do is simplify the portfolio into infrastructure and financial services. we like where the portfolio is today. we think in the infrastructure space there's going to be roughly $4 trillion spent each year, so it's an attractive big market. globally is where our opportunities are so the company's -- probably a decade ago 30% of our revenues were outside the united states. now it's more like 60% or 65%. so we think we've got the p
, president obama announced tuesday that the u.s. will now formally recognize the syrian opposition movement. >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population, >> ifill: hours later, the friends of syria meeting in marrakech, morocco took the same step. the u.s. became one of 114 nations to endorse the syrian national council created just last month under international pressure. deputy secretary of state william burns: >> in a growing number of towns and villages, a new syria is being born, the regime of bashar al assad must and will go, the sooner he steps aside the better for all syrians. >> ifill: despite showing signs last week of a possible shift in russia's position, the decision did not go down well in moscow, which opposes outside action against the assad regime. foreign minister sergei lavrov: >> ( translated ): as the coalition has been recognized as the only legitimate representative, it seems that the united states decided to place all bets on the armed victory of this very nati
. it has been over a month now since a americans gave president obama four more years in the white house. there are now more minority voters than ever before. and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics will outnumber whites in texas. >> if you want to know what the future of the republican party is, go to a national convention and stand on a chair and turn around 360 degrees, look at everybody, and then pick any street in the united states and put a share there and turn around 360 degrees and see if the outside convention looks like the inside of the convention. i will give you a hand, it does not. >> hispanic republican
: that was president obama in may announcing the killing of america's most wanted terrorist. a new film about to be released by the oscar winning director kathryn bigelow and screen writer mark boal examines the ten-year hunt for bin laden. it is called zero dark thirty, and here is the latest trailer. >> can i be honest with you? i have bad news. i'm not your friend, i'm not going to help you. i'm going to break you. do you have any questions? i want to make something absolutely clear. if you saw someone coming to rescue -- i want you to know that you're wrong. this isn't, there's nobody else, there's just us. we are failing. >> you really believe this story, osama bin laden? >> yeah. >> what convinced you. >> her confidence. >> if you're right, the whole world's going to want in on this. you will never find him. >> it is one of the few moments >> rose: this is movie journalism that snaps and stains and par fi the decades clamor and clutter into narrative clarity with a sale tree kick. joining me is scribe writer mark boal and director of zero dark thirty kathryn bigelowing i'm very please
. during the campaign, the way obama and by and talk about the war, he says we will be out of there by 2014. combat troops will be gone, we will be withdrawing the combat troops. it is probably still we have -- we will probably still have counter-terrorism forces and maybe even the others. >> you are watching bbc world news america. nelson mandela fight the long infection and the world waits to hear more about his condition. for the last two weeks, a volcano in russia has erupted. the country's far eastern peninsula is one of the world's most volcanic regions. the local people have been fleeing with the latest activity. the first time, it has been spewing hot lava in nearly four decades. >> fire from the frozen earth. the volcano last erupted 36 years ago and this time it is the biggest ever. 200 tons of law but is pouring out. destroying a nearby scientific camps. 29 active volcanoes. it is such a pristine landscape that is listed as a world heritage site and it is not usually quite this dramatic. >> i was in shock and it looks like some sort of armageddon. the way the law but is slowing d
search a remote part of our own planet, looking for life. gaga, president obama, and the pope. what do they have in common? they are communicating with their followers in 140 characters or less. the pope has said his first -- sent his first tweet from pontifex. >> now it was time for something completely new, time for the pope to launch himself into a triple threat. the first week, all over the internet. the pope still prefers writing willnghand, so his wheatweets be taught for him. the thoughts will be his own. the debate on twitter is not always the most respectful kind. will the pope cope? >> there is a risk, but it is the risk of going into a public square. anyone can say anything. there is some shocking. millions of people want to listen respectfully, and we think twitter is a good way to do that. >> in the shower of st. peter's, the first reactions were good. >> most of my children are tweaking, -- tweeting, so they will really connect. they will realize he has been helped along the way, but those little snippets of information are coming to them directly from the holy father are
for the wealthiest americans. president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late today the president spoke by telephone with house speaker john boehner. no specifics on what they said to each other, but it was their first conversation in a week. eventually the two sides will get down to bargaining over specifics, including entitlements. one idea may be to change the way the government measures inflation. that may sound like a small change, but, as darren gersh reports, it could have a big impact. >> reporter: if the price of oranges goes up, consumers will buy apples and other cheaper foods. we know that. economists call that switching "substitution," but that change in behavior doesn't show up in the official inflation rate. so most economists think the
after super-storm sandy wreaked havoc along the new jersey shore, president obama met today with governor chris christie at the white house. the topic-- federal aid for storm recovery. the president is expected to ask congress for about $50 billion in additional emergency assistance. ruben ramirez is in seaside heights, new jersey, where business owners are striving to recover. ruben? >> reporter: thanks, tom. yes, nearly six weeks after super-storm sandy devastated this barrier island off the coast of new jersey, there's still a curfew in place. a lot of the traffic you see behind me is a lot of those longtime residents from the island and business owners who have been going back day in and day out, trying to recover and repair whatever's left. some of those business owners we had a chance to speak to today. they say they'll reopen come next summer. >> you've kbchb in business 33 years, have you seen this sort of devastation before. >> no, nothing like this. we-- that's the reason we stayed because they were explaining that there was going to be a terrible storm. but we, of
: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on
the economy. >> narrator: by 2008, corzine had become a trusted advisor to barack obama. it was once rumored that he might even replace tim geithner as treasury secretary. >> here we go, folks. >> narrator: but then in 2010, new jersey voters ended his political career and returned him to wall street. >> former new jersey governor jon corzine is returning to the private sector. he has taken the helm of mf global. >> narrator: but corzine's choice of mf global was puzzling. >> i think it was a little surprising that he went to such a small firm. you know, if you think about it, goldman partner, goldman ceo, confidante of the president of the united states, former new jersey governor, senator. why wasn't he running a bigger firm, i guess, is the real question. >> 99% of people would look at his résumé and say, "i was a senior partner at goldman sachs, i was the governor of new jersey, i'm past 60, over and out, i'm going to go have fun." but he looks at his résumé and says, "i was kicked out of goldman sachs. i was kicked out of being the governor. i still have something to prove." >> and
Search Results 0 to 43 of about 44 (some duplicates have been removed)